Thursday, April 7, 2011

The CSR: "Corporate Shakedown Racket"

The CSR: "Corporate Shakedown Racket"

Nick Nichols has written a great article about the influence of NGOs on internal corporate politics. The main subject is the concept of Corporate Social Responsibility, which he calls "taxation without representation." He also calls it socialism via the Trojan horse of corporate marketing (the equivalent of their conscience.)

[Thanks to Warner Bros./Reuters for the picture.]

It's true, we've all noticed those big globals trying desperately to make themselves look green with a heart of gold -- BP, Ford and others with their TV campaigns aimed straight at the wallet of the environmentalist consumer. The problem with it is that the ones paying for the extra cost are every consumer, including you and I and everyone.